Deutsche Börse Group’s consolidated net revenue rose by 8 per cent during the financial year 2016, to €2,388.7 million (2015: €2,220.3 million). The Eurex segment made a particular contribution to this increase, thanks to considerable growth in the commodities business, higher index derivatives volumes, and the consolidation of 360T in the fourth quarter of 2015. The Clearstream and Market Data + Services (MD+S) segments also posted higher results, with single-digit growth rates. Net interest income – which forms part of net revenue in the Clearstream and Eurex segments – also showed a marked increase of 66 per cent, to €84.0 million (2015: €50.6 million), mainly driven by higher interest rates on US dollar deposits.
At €1,317.4 million, operating costs were up 3 per cent year-on-year (2015: €1,283.2 million). Non-recurring effects of €143.2 million (2015: €124.8 million) were largely attributable to costs for business combinations. Adjusted for these non-recurring effects, costs increased only slightly, despite consolidation effects, to €1,174.2 million (2015: €1,158.4 million).